These 20 former Nike execs started their own businesses. Here's where they are now — and what insiders say it means for Nike's future and its entrepreneurial spirit.
Numerous Nike veterans, many with decades of experience, have started businesses in recent years.Nike cofounder Phil Knight's best-selling memoir,"Shoe Dog," focuses on the company's scrappy, underdog, and entrepreneurial roots.
Delhagen is among several Nike veterans who founded companies in recent years. They're trying to disrupt everything from traditional Nike categories like workout apparel to industries like funeral services. Delhagen pointed to several factors driving the surge in entrepreneurial activity, starting with Nike's stock-market ascendancy. Founders often struggle to find startup capital, but their Nike shares, which doubled the market's gain in the past decade, have given many former executives enough of a financial cushion to self-fund months, or even years, of a new venture.
The founders and new hires include some former Nike employees who were let go in recent rounds of layoffs.
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